Bitcoin Forum
October 23, 2017, 07:33:50 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: PLEASE LEARN HOW TO USE THE ORDERBOOK AND BE VERY CAREFULL BEFORE INVESTING  (Read 24976 times)
panosgr83
Jr. Member
*
Offline Offline

Activity: 41



View Profile
May 25, 2013, 01:40:09 PM
 #1

THIS IS THE STORY OF HOW I LOST HALF OF MY BTC INVESTING ON BITFUNDER.

This is how the story goes.

I was looking bitfunder for shares to buy. And went through each stock. In order to find the best big thing for me. I really trust asic miner but I believe smaller companies have a higher yield for profit as price is more affected from transactions wich is good for short profits....Anyway I used to have 5 ASIC miner pt shares but sold all of them initially to buy TAT.ASICMINER
shares by TATInvestments


After reading this thread about RTM shares
by rastapool:

https://bitcointalk.org/index.php?topic=77121.0

I thought to give it a try. Initially I bought 2 shares for the price of 0.42869978 BTC only to see the price escalate to 0.69100000 BTC Currently I own 18 shares on address:

14Q9ftxhJpCyUYtxo38GVnD7sX3b122nQt


You can verify that I own the assets here:
https://bitfunder.com/assetlist

I even got my first 0.00226576 BTC in dividends!

What happened though,,, made me panic... As soon as the amount of btc dropped from 11.95 around to 7.5....
I freaked out and wanted to widrow forcing the price of RTM from 0.43 btc to just 0.20 btc.... leaving me with just 6.63 btc

and my right hand pounding against my forehead!!!!

I surelly learned a valuable lesson though never put your money in one basket. It's better to earn less that to loose it all!
Also, please study who the holder of the shares is, and find out whether he can keep up his promises before investing in his shares.

Perhaps this topic could belong to a new thread called Experiences from failed investments when everyone who lost btc can
write down his own experience for readers and future investors to read, study and hopefully avoid making the same mistakes
I did.   Grin

Sorry for the bad English!   Cheesy

“I hope nothing. I fear nothing. I am free.”
 ― Nikos Kazantzakis
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508787230
Hero Member
*
Offline Offline

Posts: 1508787230

View Profile Personal Message (Offline)

Ignore
1508787230
Reply with quote  #2

1508787230
Report to moderator
BitHub
Sr. Member
****
Offline Offline

Activity: 253


View Profile
May 25, 2013, 03:08:35 PM
 #2

lulz, no.
panosgr83
Jr. Member
*
Offline Offline

Activity: 41



View Profile
May 25, 2013, 08:02:48 PM
 #3

 Cry I'm just thinking... That I probably sold the best shares I could ever had... Asicminer pt shares....which I bought at 1.45 and sold them for 2.40 btc in order to buy RTM shares....I paid 11btc for shares that if I sell them right now I will only get 7.50 btc.

Ohmg that must have been the dumbest move I've ever done....

“I hope nothing. I fear nothing. I am free.”
 ― Nikos Kazantzakis
panosgr83
Jr. Member
*
Offline Offline

Activity: 41



View Profile
May 25, 2013, 11:25:16 PM
 #4

Just lost 50% of my btc.  Cry

“I hope nothing. I fear nothing. I am free.”
 ― Nikos Kazantzakis
stereotype
Legendary
*
Offline Offline

Activity: 1554



View Profile
May 26, 2013, 07:28:56 AM
 #5

Just lost 50% of my btc.  Cry

Was that you selling down to 0.2000?
Coin4me
Newbie
*
Offline Offline

Activity: 14


View Profile
May 26, 2013, 08:00:15 AM
 #6

No
smoothie
Legendary
*
Offline Offline

Activity: 2058


LEALANA Monero Physical Silver Coins


View Profile
May 26, 2013, 08:46:18 AM
 #7

No.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
TradeFortress
VIP
Legendary
*
Offline Offline

Activity: 910


View Profile
May 26, 2013, 08:49:26 AM
 #8

Try reading what it is actually about.
panosgr83
Jr. Member
*
Offline Offline

Activity: 41



View Profile
May 26, 2013, 12:06:28 PM
 #9

Just lost 50% of my btc.  Cry

Was that you selling down to 0.2000?


Yes unfortunately that was me.....when I saw my btc falling from 11 to 7 I panicked....
And tried numerous times to wihdraw.....

A rookie mistake......

“I hope nothing. I fear nothing. I am free.”
 ― Nikos Kazantzakis
Eric Muyser
Full Member
***
Offline Offline

Activity: 196


You can't kill math.


View Profile
May 26, 2013, 12:19:39 PM
 #10

I panicked....

Try not to do that....

@EricMuyser | EricMuyser.com | OTC - "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality" - Bruce Lee
stereotype
Legendary
*
Offline Offline

Activity: 1554



View Profile
May 26, 2013, 02:41:03 PM
 #11

Just lost 50% of my btc.  Cry

Was that you selling down to 0.2000?


Yes unfortunately that was me.....when I saw my btc falling from 11 to 7 I panicked....
And tried numerous times to wihdraw.....

A rookie mistake......

Well, that was a lesson in understanding an order book wasnt it?  Wink

Hope you are able to understand what compelled you to do that, and recover.
panosgr83
Jr. Member
*
Offline Offline

Activity: 41



View Profile
May 26, 2013, 03:20:32 PM
 #12

I'll recover... I'm sure it will just take me about a month to recover. Unless asicminer starts retailing their USB miners....In this state the price of shares will surelly skyrocket... Grin A good thing is also that btc is increasing in value. Grin

“I hope nothing. I fear nothing. I am free.”
 ― Nikos Kazantzakis
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!